How does the Clarity Act regulate pass-through treasury rewards for stablecoin holders?
Replied byBrian Armstrong
Co-founder & CEO at Coinbase
Niche: Cryptocurrency
Revenue: Approx. $ 598.3 Million /month
Location: Remote-First (San Francisco, California, United States)
Started: 2012
To address banking concerns, the latest draft of the Clarity Act prohibits paying rewards on completely idle balances. However, as long as a customer is actively transacting or trading, they remain eligible to receive the majority of the underlying treasury yield.
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